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The company says residential HVAC product, channel, and digital investments continue to yield market share gains in a healthy market.
Canadian organization spending on learning and development has been steadily increasing since the end of 2010, says the Conference Board of Canada.
The 12-month growth trend improved considerably during much of 2017, while the three-month trend weakened slightly, but is still running at a historically high pace, he says.
The automotive and related sector boosted sales throughout the year, with store merchandise also particularly strong.
The report says organizations with strong learning cultures exhibit better overall organizational performance in the areas of employee engagement, customer satisfaction, overall productivity, and overall leadership performance compared to organizations with weak learning cultures.
Yet, although Canadian organizations are indicating that learning is a top priority for them, approximately 58 per cent say that they have experienced challenges in their business environments in the past few years that have directly impacted their learning and development strategies or budgets.
The majority of future home buyers intend to obtain a mortgage to finance their home purchase, with first-time buyers showing higher incidence compared to previous owners and current owners.Its ‘Learning and Development Outlook’ shows employers spent, on average, 9 per employee on learning and development in 2016-17, an increase of per employee since 2014-15.The average number of hours of learning per employee per year is also on the rise, increasing from 25 hours in 2010 to 32 hours in 2016-17.Improved accessibility and investment opportunity are the top motivators for buying a home for first-time buyers, previous owners, and current owners in 2017, finds a survey by the Canada Mortgage and Housing Corporation (CMHC).Conversely, changes to mortgage regulations and concerns about possible future interest rate increases were not among the top motivators for prospective home buyers.